Yeshiva U., Following Madoff Losses, Bars Conflict of Interest

Submitted by Doug Lederman on April 17, 2009 - 3:00am

Yeshiva University, which invested and lost millions with Bernard Madoff, has revised its conflict of interest rules, barring trustees from doing business with the university, Bloomberg[1] reported. Madoff was a member of Yeshiva's board, as was Ezra Merkin, whose investment firm sent Yeshiva's funds to Madoff.